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Coinbase News: CEO Brian Armstrong Plans Major U.S. Hiring Spree Amid Crypto Policy Progress

Coinbase News: CEO Brian Armstrong Plans Major U.S. Hiring Spree Amid Crypto Policy Progress

Published:
2025-03-08 09:05:49
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In a significant move that underscores the growing momentum behind cryptocurrency, Coinbase CEO Brian Armstrong has announced plans to hire over a thousand new employees in the United States. This decision comes on the heels of a crypto summit at the White House and is attributed to the positive policy developments in the industry during the early days of President Trump’s second term.

Coinbase CEO Armstrong Plans to Hire 1,000 in U.S. Due to Crypto Policy Progress

Coinbase CEO Brian Armstrong announced plans to hire a thousand people in the U.S. following the crypto summit at the White House. He attributed this decision to the policy progress the industry is making at the beginning of President Donald Trump’s second term. Armstrong expressed confidence in investing in the U.S. and growing the business due to the tailwind created by the policy changes within 50 days. Coinbase specifically watched the U.S. Securities and Exchange Commission abandon its enforcement action against the leading U.S. crypto platform, which was a costly legal dispute in federal courts.

Coinbase Plans Major Hire in 2025 Due to Improved Crypto Regulations

Coinbase CEO Brian Armstrong has announced plans to hire 1,000 employees in the United States in 2025. He attributed this decision to recent regulatory advancements under President Donald Trump’s administration. Armstrong made the statement after attending the White House Crypto Summit, where industry leaders met with government officials to discuss regulatory policies. The SEC dropping its case against Coinbase removed a major legal hurdle, enabling expansion and regulatory stability. Trump’s administration supports a U.S. Bitcoin Reserve, signaling growing government recognition of digital assets.

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